Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

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Effective Date: 06/30/2004, Docket: RP04-321-000, Status: Effective

Original Sheet No. 640 Original Sheet No. 640 : Effective

 

 

RATE SCHEDULE FS (Continued)

FLEXIBLE STORAGE SERVICE

FORM OF STORAGE AGREEMENT

 

 

 

ARTICLE 6

SUCCESSION AND ASSIGNMENT

 

This Agreement shall be binding upon and inure to the benefit

of any successor(s) to either Panhandle or Shipper by merger,

consolidation or acquisition. Either Panhandle or Shipper may assign

or pledge this Agreement and all rights and obligations hereunder

under the provisions of any mortgage, deed of trust, indenture

or other instrument which it has executed or may execute hereafter as

security for indebtedness; otherwise, except as provided in Section

15 of the General Terms and Conditions, neither Panhandle nor Shipper

shall assign this Agreement or its rights hereunder without first

having obtained the formal written consent of the other(s).

 

ARTICLE 7

NOTICES

 

Except as herein otherwise provided, any notice, request,

demand, statement or bill provided for in this Storage Agreement and

in the General Terms and Conditions of the Tariff and the Rate

Schedules to which they apply, or any notices which either Panhandle

or Shipper may desire to give to the other, shall be in writing and

shall be considered as duly delivered when mailed by registered mail

to the post office address of Panhandle or Shipper, or at such other

address as either shall designate by formal written notice. Routine

communications, including monthly statements and payments, shall be

considered as delivered when mailed by either registered or ordinary

mail. The Post Office addresses of both Panhandle and Shipper are as

follows: